Friday Links

In 2023, the U.S. spent $4.8 trillion on healthcare. As much as half of that massive expenditure, $2.4 trillion, paid for activities unrelated to patient care called BARRCOME – bureaucracy, administration, rules, regulations, compliance, oversight, mandates, and enforcement.

 Medicare physician payments declined substantially from 2001 to 2024 — a whopping 29%.

Currently, physicians are the only Medicare providers who do not receive annual, inflation-based payment updates.

Head of the International Longshoremen’s Association explains what the strike is all about, along with a video showing how dockworkers can be replaced by automation. (it’s a long way from On the Water Front.

Cato study: Marijuana doesn’t make you crazy.

An Elon Musk device is allowing the blind to see.